Skip to main content

Deck.blue brings a TweetDeck experience to Bluesky users

With over 3 million users and plans to open up more broadly in the months ahead, Bluesky is still establishing itself as an alternative to Twitter/X. However, that hasn’t stopped the developer community from embracing the project and building tools to meet the needs of those fleeing the now Elon Musk-owned social network, formerly known […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/TBbEAPF
Post a Comment

TikTok breaks records as top grossing app in Q3, as overall app store revenue declines

Consumers reduced their mobile app spending in the third quarter of 2022 by roughly 5%, but the social video app TikTok just delivered another record-breaking quarter on this front. For the fourth straight quarter in a row, TikTok continued its streak as the app that has ever generated the most revenue in a quarter.

These new findings, in a report published today by Sensor Tower, see TikTok again becoming the highest-grossing app in the world even as the overall market is seeing a slight decline. However, the report does combine TikTok revenue with its Chinese version, known as Douyin — so it’s technically the revenue generated by the two apps offering the same feature set of short-form, vertical videos — not one.

TikTok’s global app along with Douyin on iOS together retained the position as the top-grossing non-game app across the App Store and Google Play combined, with approximately $914.4 million in consumer spending in the quarter.

Reached for comment, Sensor Tower explained that Douyin alone had generated approximately $433.5 million in consumer spending, or about 47% of that total.

On the App Store, TikTok was the No. 1 top-grossing non-game app, while it was No. 2 on Google Play, behind Google’s own storage subscription service, Google One, which had generated just over $330 million in the quarter.

To date, TikTok and Douyin’s apps have generated around $6.3 billion in total revenue, the report notes.

Across the broader app market, the trends weren’t quite as positive.

Consumer spending across in-app purchases, subscriptions and paid app downloads on both the App Store and Google Play dropped by 4.8% year-over-year to $31.6 billion in Q3, while app downloads fell a slight 1% to 35.3 billion.

Image Credits: Sensor Tower

The App Store continues to contribute to the vast majority of consumer spending, at more than double that of Google Play. In Q3, Apple’s App Store pulled in $21.2 billion, which was down 2.3% year-over-year from the $21.7 billion seen in the year-ago quarter. Google Play’s decline was even sharper, down $9.6% year-over-year from $11.5 billion to now $10.4 billion.

In the games segment, specifically, consumer spending fell 12.7% year-over-year to $19.3 billion. On the App Store, game spending was down 9.8% year-over-year to $11.9 billion while Google Play revenue was down 16.9% to  $7.4 billion.

Image Credits: Sensor Tower

Meanwhile, app installs only dropped slightly. But as Google Play is responsible for driving downloads, the nearly 1% decline in terms of app installs was largely due to its 2.2% drop to 27 billion downloads in the quarter. The App Store had actually saw app installs grow by 3.8% to 8.2 billion, but this couldn’t cancel out Google Play’s larger decline.

Image Credits: Sensor Tower

TikTok was again the most downloaded non-game app with 196.5 million installs across both app stores combined and on iOS. But when Google Play is examined alone, Facebook moved into the No. 1 spot with 150.3 million installs, replacing Instagram.

TikTok breaks records as top grossing app in Q3, as overall app store revenue declines by Sarah Perez originally published on TechCrunch



from TechCrunch https://ift.tt/Gg9xbsp
Labels:

Comments

Post a Comment

Popular posts from this blog

Sam Altman launches eyeball-scanning Worldcoin to ‘drastically increase economic opportunity’

Worldcoin Foundation, Sam Altman’s crypto startup with the vision to “drastically increase economic opportunity,” has started the rollout of its services in 20 nations. The startup said it’s rolling out its identity technology as well as the token internationally. Individuals can download World App, the startup’s protocol-compatible wallet software and visit an Orb, the startup’s helmet-shaped eyeball-scanning verification device, to receive their World ID. As TechCrunch has previously noted , Worldcoin is perhaps one of the most audacious efforts to bribe the world to embrace their currency. The startup, founded by OpenAI CEO Altman and Alex Blania, wants to put a crypto wallet (and some of their currency) onto every human’s smartphone, but in order to do so they have to build a way to determine whether someone is a unique human. “If successful, we believe Worldcoin could drastically increase economic opportunity, scale a reliable solution for distinguishing humans for AI online wh...
Post a Comment
Read more

A judge dismissed Phhhoto’s antitrust suit against Meta

A U.S. District Court Judge for the Eastern District of New York threw out a lawsuit against Meta this week that had been simmering for a year and a half. The suit, filed in late 2021 by now-shuttered social app Phhhoto, alleged that Meta violated federal antitrust law by copying its core features with the Instagram-adjacent video looping app Boomerang . Like Boomerang, which Meta launched in October of 2015 and later integrated into Instagram itself, Phhhoto invited users to share very short GIF-like loops. U.S. District Judge Kiyo Matsumoto ultimately granted Meta’s motion to dismiss the complaint due to time-limits imposed by the relevant statutes of limitations. “Phhhoto has failed in its 69-page Amended Complaint of 222 paragraphs to allege sufficient facts that cure the untimeliness of all of its federal claims,” Matsumoto wrote in the opinion, calling the possibility of any amendment to resolve the issue of the lawsuit’s timing “futile.” New antitrust suit from Phhhoto a...
Post a Comment
Read more

Apple releases iOS 16.4 with new emojis, web push notifications, voice isolation for calls & more

Apple today released the iOS 16.4 update to users, which includes a number of new features, like an expanded set of emojis, voice isolation for calls, website push notifications and more. Users can update to the latest version by going to Settings > General > Software Update. While iOS updates often simply patch security holes or tweak smaller settings, those that deliver new emojis or expanded functionality are often more popular with consumers, leading to high demand for the download. That means you may have to wait a bit in order to install the latest update on your device. With iOS 16.4, users are getting 31 new emojis. (The release notes reference “21” new emoji, but this just has to do with how the variations are counted). Among the new additions are a shaking face, the long-awaited pink heart, two pushing hands, a Wi-Fi symbol and others, including various animals and objects. The Unicode consortium approved these emojis last year, and it was announced in February the...
Post a Comment
Read more